Mortgage Technology editors are getting ready for next year's Mortgage Technology Award contenders in the wake of this year's award ceremony, held in conjunction with the Mortgage Bankers Association convention in Chicago.New entries are eligible to be received starting Jan. 1. At the magazine's 7th annual awards ceremony, held Oct. 22 at the University of Chicago Gleacher Center, the 10X Award for technology making an "exponential impact" on mortgage processes went to Interthinx for its contribution to fraud detection. The Lasting Impact Award, for developing technology that has proved its worth over time, went to Bill Kelvie of Overture for his pioneering role in the development of automated underwriting. The new Release of the Year Award, to a company launching a product or initiative likely to have a major impact on the mortgage industry's use of technology over time, went to joint winners GMAC Mortgage, Saxon Mortgage Services, Midland Mortgage Co., and Fiserv Lending Solutions for cooperatively creating a wizard for investor reporting and remitting using MortgageServ. The Steve Fraser Award, which goes to an outstanding mortgage technology innovator, visionary, or evangelizer, was presented to MortgageHub's Bill Adamowski. Winners of other awards, and those who received commendations in all categories, will be posted soon on the Mortgage Technology website.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
8h ago -
The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
9h ago -
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
April 28 -
Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
April 28 -
Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
April 28 -
More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
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